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Abu Dhabi Islamic Bank Mobilises $4.63bn In Sustainable Finance, Leads Region In Green Sukuk

Middle East Business News - Published date: .

Abu Dhabi Islamic Bank first in the region to set 2030 financed emissions reduction targets across six high-impact sect... Read more

UAE Central Bank Fines Exchange Houses $1.12m For Anti-money Laundering Violations

Middle East Business News - Published date: .

CBUAE fines exchange houses over anti-money laundering violations Read more

Qatar Refers 13 Companies To Prosecution Over Tax Evasion In H1 2025

Middle East Business News - Published date: .

Qatar authorities clamping down on tax evasion with legal proceedings Read more

Game On For $70m Esports World Cup In Saudi Arabia

Sports and Eneterainment - Published date: .

Esports World Cup begins in Saudi Arabia with prize pot of over $70m Read more

Saudi Arabia Drives Middle East Push Into $600bn Global Sports Market: Report

Sports and Eneterainment - Published date: .

A new report by Kearney Middle East finds hat Saudi Arabia has allocated $38bn in sports investments to become a global... Read more

UAE GPSSA Introduces Daily Penalties For Late GCC National Pension Contributions

Middle East Business News - Published date: .

GPSSA will begin implementing penalties on employers who delay payment of due contributions for their GCC national empl... Read more

Race For Private Markets Firms To Establish UAE Office Gets Hotter

Middle East Business News - Published date: .

EQT, Eurazeo, Pollen Street, Baron Capital and Silver Point – with collective AUM of over $700bn – expanding in Abu... Read more

Qatar Tax Authority Exempts $247m In Penalties For 4,000 Companies

Middle East Business News - Published date: .

Qatar announces success of tax penalty exemptions Read more

ADIA Reportedly Eyeing 30% Stake Acquisition In Aggreko

Middle East Business News - Published date: .

Bloomberg reports that KKR and CVC Capital Partners also interested in a deal that could value the Glasgow-based compan... Read more

Dubai Taxis Now Accept American Express Payments

Middle East Business News - Published date: .

The taxi companies included in the agreement are National Taxi, Arabia Taxi, Kabi Taxi, Dubai Taxi Corporation, and Met... Read more

Saudis ACWA Powers $1.9bn Rights Issue Approved By Shareholders

Middle East Business News - Published date: .

Company earmarks nearly $1.59bn for financing current and future projects and up to $380mn for mergers and acquisitions Read more

Abu Dhabi SME Champions Program Delivers $183m In Deals, Boosts Procurement Opportunities

Middle East Business News - Published date: .

Khalifa Fund’s SME Champions Program enabled 652 deals worth $183m by 2024, with registered companies nearly tripling... Read more

UAE Central Bank Slaps $1.6mn Fine On Foreign Bank Branch For AML Violations

Middle East Business News - Published date: .

The CBUAE stated it endeavours to ensure all banks and their staff abide by UAE laws, regulations and standards through... Read more

Middle East Investors Should Pivot To Emerging Markets And Gold Amid Weak Dollar: Standard Chartered

Middle East Business News - Published date: .

Standard Chartered urges Middle East investors to rebalance portfolios amid global volatility Read more

Kuwait Introduces Tax Rules, Expects $820m In Revenue

Middle East Business News - Published date: .

Kuwait issues new multinational tax regulations and expects $820m in annual revenue Read more

Crypto In 2025: Buy, Wait Or Exit?

Middle East Business News - Published date: .

With Bitcoin touching new heights over $110,000 in June 2025, the question among crypto investors is whether this repre... Read more

Saudi Arabia Extends Cancellation Of Fines And Exemption Of Penalties By 6 Months

Middle East Business News - Published date: .

Minister of Finance approves the extension to taxpayers under all Saudi tax laws, starting July 1 this year until 31 De... Read more

Saudi Arabia Banking Sector Shows Strong Start To 2025 With Improved Profitability

Middle East Business News - Published date: .

The kingdom's economy is expected to grow by 3.6% year-on-year in 2025, with non-oil activities contributing significan... Read more

Al Ansari Exchange Launches New Digital Prepaid Cards Via UAE Mobile App

Middle East Business News - Published date: .

Al Ansari Exchange now offers instant digital versions of its TravelCard and FlexiblePay cards to customers Read more

UAE Raises $300m In June 2025 Islamic T-Sukuk Auction, Oversubscribed 5.6 Times

Middle East Business News - Published date: .

UAE completes $300m Islamic T-Sukuk auction with 5.6x oversubscription, strong investor confidence Read more